In monetary terms, an expected value of outcome is classified as
A. expected value
B. expected decision value
C. expected outcome value
D. expected monetary value
Answer: Option D
Solution(By Examveda Team)
In monetary terms, an expected value of outcome is classified as expected monetary value. Expected monetary value (EMV) is a risk management technique to help quantify and compare risks in many aspects of the project.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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